Minimizing Disruption with Seasoned Professionals

Jun 12, 2020 |

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Client

A Fortune 100 pharmaceutical company

Our client enlisted RGP to carve out, implement and transition the sale of a slow-growth business unit. The finance and accounting team required seasoned consultants to help manage and execute the separation both domestically and within EMEA.

What We Did

Deployed finance and accounting support to execute on the terms of the Transition Services Agreement.
Provided operational finance, budgeting and treasury assistance to support finance separation transition processes.
Documented processes throughout the transaction to ensure the preservation of information.
Set up an EMEA finance integration management office to manage the regional separation requirements.
Project managed global treasury system implementation and day-to-day treasury operations post stand-up.

Impact

Enabled functional independence of the carve-out entity by providing experienced finance and accounting operational resources.
Minimized the EMEA Treasury team’s business disruption for the carve-out entity by setting it up as a stand-alone entity.
Supported the finance and accounting team by filling day-to-day resource gaps to ensure business continuity.